For Sale
$9,900,000

622 George Washington Hwy Lincoln, RI 02865

Prime RI Entertainment Property

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional 60,000-square-foot, single-story cinema complex, built in 2005 and renovated in 2019, is situated on a 60,000-square-foot lot in Lincoln, Rhode Island's thriving Lincoln Commons. The property, zoned BL, boasts 16 state-of-the-art screens, each equipped with stadium seating, wall-to-wall screens, and DLP digital sight and sound. A concession/bar area adds to the revenue potential. This single-unit facility benefits from a strong demographic base, serving a market population exceeding 250,000. Its convenient location at 622 George Washington Highway provides easy access to major roadways including Route 146, I-95, and I-295. The property is part of a vibrant retail center anchored by national brands such as Target, Dollar Tree, McDonald's, Starbucks, Ocean State Job Lot, and Stop & Shop, ensuring high foot traffic and visibility. A large parking area further enhances customer convenience. This is a ground lease property offered for sale by owner, presenting a unique opportunity in the entertainment sector. The asking price is $9,900,000.

Highlights

  • 16-screen cinema complex, state-of-the-art facility with stadium seating, wall-to-wall DLP digital screens, concession/bar.
  • Strong demographics; +/-250,000 population in an 'A' market.
  • Ample parking.
  • Excellent access to Routes 146, I-95, and 295.
  • Located in Lincoln Commons with strong co-tenancy including Target, Dollar Tree, McDonald's, Starbucks, Ocean State Job Lot, and Stop & Shop.

Property Details for 622 George Washington Hwy

Property type
Specialty properties
Square Feet
60,000 SF
Year Built/Renovated
2005/2019
Buildings
1
Stories
1
Units
1

Location Insight

City
Lincoln
County
Providence
State
Rhode Island
Latitude
41.9384896
Longitude
-71.4776643

FAQs

What type of property is this?
Specialty property - Prime RI Entertainment Property
Where is the specialty property located?
The property is located at 622 George Washington Hwy Lincoln, RI.
What is the asking price?
The asking price for this property is $9,900,000.
What are key features of this property?
This property features: 16-screen cinema complex, state-of-the-art facility with stadium seating, wall-to-wall DLP digital screens, concession/bar.; Strong demographics; +/-250,000 population in an 'A' market.; Ample parking.
How can I contact the broker?
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622 George Washington Hwy
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